http://www.cardboardhome.com The US Housing Crisis Wed, 10 Mar 2010 19:19:15 +0000 http://backend.userland.com/rss092 en YONKERS— A 19-year-old city man who appeared to bite into a plastic bag containing cocaine this evening was arrested after he and ran from and fought with officers in the city's public housing detail, police said. See the original post here:  Yonkers man charged with coke possession after fighting with housing cops ... http://www.cardboardhome.com/2010/03/yonkers-man-charged-with-coke-possession-after-fighting-with-housing-cops-the-journal-news/ General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday. Read the rest here:  GM CEO says U.S. ... http://www.cardboardhome.com/2010/03/gm-ceo-says-us-will-make-money-on-bailout-reuters-via-yahoo-news/ Buyers are beginning to bid against each other on modest but good-quality homes at the lower end of the Peninsula real estate market. The housing market was battered in the wake of the 2008 subprime loan crisis, when a rash of foreclosures and a worldwide credit shortage drove down overinflated ... http://www.cardboardhome.com/2010/03/peninsula-housing-coming-to-life-the-san-francisco-examiner/ Housing economist Bert Ely told the conference of business economists meeting in Arlington, Virginia Monday (March 8) that the housing market still hasn't bottomed. Here is the original post: Barry D. Wood: Still No Recovery in Housing (The Huffington Post) http://www.cardboardhome.com/2010/03/barry-d-wood-still-no-recovery-in-housing-the-huffington-post/ OLD BRIDGE -- The former administrative assistant at the Old Bridge Housing Authority has been ordered to serve 180 days in the Middlesex County jail for stealing $2,224 from the housing authority to pay her rent. Read the rest here: Old Bridge housing assistant gets jail time for stealing agency funds ... http://www.cardboardhome.com/2010/03/old-bridge-housing-assistant-gets-jail-time-for-stealing-agency-funds-the-star-ledger/ Treasury Secretary Timothy Geithner said on Wednesday that "fundamental reform" of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress. More here: Geithner urges reform on housing finance market (Reuters via Yahoo! News) http://www.cardboardhome.com/2010/03/geithner-urges-reform-on-housing-finance-market-reuters-via-yahoo-news/ MIDDLESEX COUNTY — A former administrative assistant at the Old Bridge Housing Authority has been sentenced to 180 days in jail for stealing $2,224 from the authority to pay her rent. See the rest here: Former Old Bridge housing official gets jail time for theft of funds (MyCentralJersey.com) http://www.cardboardhome.com/2010/03/former-old-bridge-housing-official-gets-jail-time-for-theft-of-funds-mycentraljerseycom/ (PhysOrg.com) -- It's no secret that the San Francisco Bay Area, where the median house price is $350,000, is home to expensive real estate. View original post here:  Research shows Silicon Valley land conservation didn't hurt housing development (PhysOrg) http://www.cardboardhome.com/2010/03/research-shows-silicon-valley-land-conservation-didnt-hurt-housing-development-physorg/ A Brooklyn federal court judge has ruled that the state Health Department must provide 4,500 units of individual housing for the mentally ill living in group homes in Queens and other boroughs over the next three years.The ruling throws out the state’s plan to provide 1,000... Originally posted here: Boro mentally ill ... http://www.cardboardhome.com/2010/03/boro-mentally-ill-need-more-housing-judge-new-york-post/ Japan’s gangsters may remember 2010 as a banner year. Read the original post:  Yakuza Gets Bailout for Its Four-Finger Economy: William Pesek (BusinessWeek) http://www.cardboardhome.com/2010/03/yakuza-gets-bailout-for-its-four-finger-economy-william-pesek-businessweek/